ELLIE MAE INC 4
4 · ELLIE MAE INC · Filed Jul 14, 2014
Insider Transaction Report
Form 4
ELLIE MAE INCELLI
Lee Elisa
VP, General Counsel and Sec
Transactions
- Sale
Common Stock
2014-07-10$29.62/sh−5,000$148,100→ 72,600 total - Exercise/Conversion
Common Stock
2014-07-10$6.75/sh+5,000$33,750→ 77,600 total - Exercise/Conversion
Incentive Stock Option (right to buy)
2014-07-10−5,000→ 9,952 totalExercise: $6.75Exp: 2020-02-03→ Common Stock (5,000 underlying)
Footnotes (4)
- [F1]The exercise and sale of these stock options was completed pursuant to the Rule 10b5-1 trading plan adopted by Elisa Lee.
- [F2]The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $29.535 to $29.86, inclusive. The reporting person undertakes to provide to Ellie Mae, Inc., any security holder of Ellie Mae, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
- [F3]Option vests with respect to 25% of the shares subject thereto on November 16, 2010, with 1/48th of the shares vesting monthly thereafter, such that the option will be fully vested and exercisable on November 16, 2013.
- [F4]The reported transaction is a grant of a derivative security, in which we have left column 8 blank, and have reported the exercise or conversion price of the derivative security in column 2.